Most Recent
Construction PRO
A South Australian wind farm developer has lost its appeal of ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.
Construction PRO
The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.
Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath's computing process.
A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.
Construction PRO
A court has ordered builder Kuatro Build to pay concrete subcontractor Elite Formwork more than $500,000 in progress payments for work on a Sydney development, finding no error in an adjudicator's determination.
A $43 million settlement in a class action alleging Noumi misled investors about its inventory is fair and reasonable in light of confidential information about the food company's financial position, a court has heard.
A judge has found that Queensland-based mining equipment company Qteq and its chairman engaged in cartel conduct, including attempting to rig a multi-million dollar tender.
Former CFMEU Victorian branch boss John Setka has defaulted on a deadline to file a defence in a case over alleged attempts to have the AFL sack its head of umpires, who previously led the construction watchdog.
A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”.
Construction PRO
A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.